We are Vitesse – the treasury and payment partner of choice for insurance.
Formed in 2014 by a team of proven FinTech entrepreneurs, we are an FCA-regulated business providing global claim funds management and payment solutions. Operating one of the largest banking and payment settlement networks in the world, we give our customers direct access to 200 countries and currencies. Through a single integration, insurers can use this network to pay claims in as fast as 45 seconds and deliver a superior claimant experience. Our market-leading treasury proposition provides insurers with transparency and control over their claim funds, even when delegated to third-parties, allowing them to have their money in the right place, at the right time, to make that all-important payment when customers need it most.
With over 240 employees across our London headquarters, Europe, and the US, $93m Series C funding secured (from KKR), and exceeding £15bn in processed transactions, we are only just getting started.
We are collaborative, customer centric and work with integrity, whilst partnering with some of the biggest insurance leaders including Lloyd’s of London and Many Pets. We take huge pride in our company culture, ensuring that everyone has a part to play, an opportunity to be heard, be involved, and the ability to make a real difference. As we continue to scale up, we want like-minded humans to join us on this exciting journey. Are you ready?
The Role:
Reporting into the newly appointed General Counsel, you will provide general corporate and commercial legal support across the business, supporting the group’s requirements here in the UK, as well as in the US. You will have the opportunity to build strong expertise in the fintech sector and be directly involved in the growth of Vitesse. You will work autonomously as well as with other teams including Risk, Compliance and Sales.
Core responsibilities:
* Drafting, negotiating and advising on a variety of commercial contracts (in both the UK and US) including Payment Processing Agreements, Partnership Agreements and supplier contracts.
* Work closely with the Sales teams in both the US and UK to:
- Support the pre-contracting process, e.g. inputting and reviewing RFIs and RFPs in line with contracting guidelines and best practices;
- Advise on legal issues regarding contracts and assisting with contract renewals and terminations.
* Manage all contract templates including making updates and ensuring sales are using the correct versions.
* Liaise with and manage relations with relevant stakeholders (including business / tech / HR and marketing) to deliver a high standard of legal advice, acting as the initial point of contact / support and trusted adviser.
* Manage the central legal support inbox where all legal instructions come in.
* Be part of and work with the in-house data protection committee to continually monitor and improve data protection documentation used by the business.
* Work closely with the compliance and risk team to aid onboarding processes.
* Work with supplier management to ensure supplier contracts are managed effectively.
* Manage the Company Share Incentive Plans.
Why Join Us?
We are a high-growth business with a strong, open, and positive culture. At Vitesse, we combine the fast-paced, innovative energy of a scale-up with the solid foundation of a proven product-market fit and an exciting market opportunity. As legal counsel you’ll have the chance to build something meaningful, working with a team of passionate individuals committed to driving growth.
Requirements
* UK qualified lawyer with 2-5 years PQE with commercial contracts experience, preferably in-house.
* Experience with the financial services industry is preferable, and payments experience is a distinct advantage.
* Expertise in contract negotiation and contract management.
* Demonstrable commercial experience and in-depth knowledge of supporting commercial negotiations.
* Excellent communication skills and a cooperative mindset aimed at adding value to Vitesse’s business.
* Independent, hardworking, organised and the ability to prioritise and manage numerous projects simultaneously along with the ability to work under tight deadlines in a fast-paced environment.
Benefits
o 25 days Holiday per year (increasing by 1 day per years' service, up to 30 days) + Bank Holidays
o Hybrid working arrangements – minimum 2 days in the office, Tuesday - Thursday
o Contributory pension scheme
o Enhanced Parental leave
o Cycle to Work Scheme
o Private Medical Insurance with AXA
o Unlimited access to therapy sessions through our partner, Oliva
o Discounted Gym membership through Gympass
o Financial Coaching with Octopus Wealth
o 2 days of volunteering leave per year
o Sabbatical after 5 years’ service
o Life Assurance - MetLife (UK employees only)
o Ongoing Learning and Development to support you reach your career goals
Vitesse at our best – our values
The Vitesse values are a true reflection of what it takes to thrive in our business, so it’s important to us that any employee who joins our business is aligned with these 3 attributes
Confident Humility
We don’t do ego and we know that unless we all win, none of us win. We admit when we’re wrong, ask for help and always think about the wider business before ourselves.
Driven to Succeed
We see the opportunity ahead of us and we won’t stop until we fulfil the potential we know we have. We hold ourselves to high standards and deliver high quality outcomes for Vitesse and our customers.
Tenacious Responsibility
We take ownership for our actions and decisions, and face into the challenges that come our way. We are committed to seeing things through to completion, even in the face of adversity.
We are an Equal Opportunity Employer We are committed to creating an inclusive environment that enables everyone to perform at their best, where we recognise the rights of all individuals to mutual respect and where there is an unbiased acceptance of others. Our policies and practices aim to promote an environment that is free from all forms of Unfair discrimination and values the diversity of all people. At the heart of our policy, we seek to treat people fairly and with dignity and respect. Please confirm if selected for an interview, what interview adjustments you would need? You can contact Clara Moretti-Greene on clara.moretti-greene@vitesse.io or in her absence contact our People Team PeopleTeam@vitessepsp.com.